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zero heartbur >>> good morning, it's sunday, november 9th. 23 days until we dive over the fiscal cliff and president obama says we can avoid it. republican says he has a different plan. >> the president doesn't really want to getn agreement or compromise, he wants to get his way. >> what happens if the president does get his way? >> let's go buck wild. move over, jersey shore, mtv is going buck wild on west virginia. one it has one senator calling for it to be canceled before it begins. >>> he made heisman history, the first freshman player to win the prized possession. johnny football joins us live getting up early for us after partying all night after winning the heisman. >>> that will be fun. >> yeah. johnny football. >> a good show for you. >> founder of twitter on the show, we got the heisman trophy winner on the show and we've got mike jarrett. >> the trifecta. >> dave is off, nice to see you, mike. >> good to be here. >> new developments in the royal prank that turned tragic. an investigation may be coming for the radio station behind the call to kate middleton's hospital. briti
zero heartbur >>> good morning, it's sunday, november 9th. 23 days until we dive over the fiscal cliff and president obama says we can avoid it. republican says he has a different plan. >> the president doesn't really want to getn agreement or compromise, he wants to get his way. >> what happens if the president does get his way? >> let's go buck wild. move over, jersey shore, mtv is going buck wild on west virginia. one it has one senator calling for it to be...
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Dec 13, 2012
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afternoon when there was progress on the fiscal cliff. if you didn't get through the mayan -- >> and toys "r" us would then stay open all night. >> no one really thinks something's going to happen, do they, on the 21st? >> i don't know. sfl i don't know. there might be viewers out there. >> i think we're going to make it i want to hear it from you. >> so we can fall off the cliff. >> exactly. >> the fed's linking interest rates to unemployment rates are going to stay where they are right now which is close to zero until at the very least the jobless rate falls to 6.5%. and as expected the central bank ramps up its asset purchases. sooner or later this is going to be real money. adding $45 billion to the 40 billion it's already spending per month purchasing securities. it is said to increase the balance sheet by a trillion dollars over the next year. and you can,know, if it goes all the way to when they think it will go to get to 6.5. just add a trillion dollars a year. joining us now neel kashkari head of global inquiries at pimco. the fi
afternoon when there was progress on the fiscal cliff. if you didn't get through the mayan -- >> and toys "r" us would then stay open all night. >> no one really thinks something's going to happen, do they, on the 21st? >> i don't know. sfl i don't know. there might be viewers out there. >> i think we're going to make it i want to hear it from you. >> so we can fall off the cliff. >> exactly. >> the fed's linking interest rates to unemployment...
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Dec 6, 2012
12/12
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president and speaker hold a fiscal cliff call. there is a problem, the white house doesn't want to budge. >> we face no agreement that doesn't involve the rates going up on the top two percent. >> gretchen: so is it really progress or a stand still. >> steve: meanwhile the reverend behind this nativity scene. live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished."fox and friendst now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements
president and speaker hold a fiscal cliff call. there is a problem, the white house doesn't want to budge. >> we face no agreement that doesn't involve the rates going up on the top two percent. >> gretchen: so is it really progress or a stand still. >> steve: meanwhile the reverend behind this nativity scene. live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas...
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Dec 10, 2012
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goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget stability law to b
goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the...
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Dec 10, 2012
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finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the first to pick up their marriage licenses last thursday. the state required a three-day waiting period before ceremonies. >>> european union leaders are in oslo to receive the nobel peace prize. hundreds of protesters have been braving oslo's snow. the prize was meant to honor contributions to disarmament and eu member states account for a third of global arms exports. >> thanks, christine. >>> it is now 15 minutes after the hour. time for "early read," your local newsmaking national headlines. a big medical story in the "philadelphia enquirer." it's in a
finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the...
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Dec 13, 2012
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. >>> and americans want a deal on the fiscal cliff now. john harwood will be along with those results. >>> and the mysterious john mcafee is back on u.s. soil after being on the run
. >>> and americans want a deal on the fiscal cliff now. john harwood will be along with those results. >>> and the mysterious john mcafee is back on u.s. soil after being on the run
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. >>> then, to the capitol hill, where the fiscal cliff is just 19 days away. the political negotiations between the president and gop is painstakingly slow. and the taxing situation is already having an impact on the economy and our news cast, because it continues to dominate. we wish it weren't so. >> i think until new year's eve on the 31st, it's going to dominate everybody's newscast, unfortunately here. compromise ain't easy. >>> also this morning, reliving a disaster. who has rebuilt the hindenberg blimp and set it on fire? we all have the opportunity right now to watch and to learn. >>> and later this half hour, the star-studded 12-12-12 concert here in new york that lasted about 12 hours. the memorable performances, the incredible talent, and the money raised for hurricane sandy survivors. >> i saw some incredible stats. the big concert they did after 9/11 had raised, like, $33 million. i think they had almost raised as much, if not a little bit more than that, before this concert tonight. so hopefully it's gone a long way to help folks in the northeast
. >>> then, to the capitol hill, where the fiscal cliff is just 19 days away. the political negotiations between the president and gop is painstakingly slow. and the taxing situation is already having an impact on the economy and our news cast, because it continues to dominate. we wish it weren't so. >> i think until new year's eve on the 31st, it's going to dominate everybody's newscast, unfortunately here. compromise ain't easy. >>> also this morning, reliving a...
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Dec 5, 2012
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the president will speak on the fiscal cliff. what a day shaping up this morning. there's a look at s&p on the top of your screen. opening bell in a moment here at the big board. a limited partnership formed by marathon. celebrating the recent ipo. over at the nasdaq, a limited liability company celebrating the recent listing. >> fabulous company for people looking for high yield in the 401(k). they can't use it because of the tax break. >> very nice. a couple interesting notes about today. the anniversary of greenspan's speech on this date back in 1996 in which the dow closed at 6,437. >> a classic buy opportunity that was. >> when it hit 6400 in '09 it was a good opportunity too. >> yesterday s&p closes at 1,407. one year earlier 1,409. lost two points over the course of the year. >> it does look like nothing has happened. >> it's all beneath the surface. intel will be one to keep an eye on. $6 billion buyback going back to markets to fund that theme that is intact. >> obviously there is secular decline of pcs. raymond james goes from hold to sell. intel has a ba
the president will speak on the fiscal cliff. what a day shaping up this morning. there's a look at s&p on the top of your screen. opening bell in a moment here at the big board. a limited partnership formed by marathon. celebrating the recent ipo. over at the nasdaq, a limited liability company celebrating the recent listing. >> fabulous company for people looking for high yield in the 401(k). they can't use it because of the tax break. >> very nice. a couple interesting notes...
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Dec 11, 2012
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and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we ask the wealthiest americans to pay 2%. i won't comhe promice on -- compromise on that >> reporter: and then an official came on tv and said they could save money by making tax cuts to the food stamp program. >>> aig is selling off most of its profit and the government will end up with a profit of $22 billion, to many people's surprise. aig was rescued in 2008 just before it had to file for bankruptcy. now aig executives say the company may be able to pay a dividends to the shareholders by next summer. >>> we're learning about an up expected new fee that's part of the reforms. it's a temporary $63 per person fee designed to help pay for people with preexisting conditions. it will hit health plans affecting 9 0 million
and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we ask the wealthiest americans to pay 2%. i won't comhe promice on -- compromise on that >> reporter: and then...
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investors waiting to see what comes out of the fiscal cliff negotiations and in europe, a choppy start to the trading day. investors are waiting for the results of greece's bond buyback program occurs. joe has some of the big corporate news and this one is actually a global corporate story. >> hsbc. we're talking about paying $1.9 billion in the money lawnering lapses. a brirchb lender admitting to a breakdown of controls, in a statement announcing a deferred payment. yesterday standard chartered agreed to pay $27 million agreeing that it violates sanctions against iran and two other international companies. >> if you're an international bank and you prael without getting into this kind of trouble? >> no. >> can you actually operate without money laundering? >> i'm just saying, if you're going to be in business in all these types of markets, isn't this going to happen? >> aren't there sxwier countries that would be probably -- that it would stead if you don't want any business tale. >> was there a fascination in this country about whether you want to indict the whole institution or wha
investors waiting to see what comes out of the fiscal cliff negotiations and in europe, a choppy start to the trading day. investors are waiting for the results of greece's bond buyback program occurs. joe has some of the big corporate news and this one is actually a global corporate story. >> hsbc. we're talking about paying $1.9 billion in the money lawnering lapses. a brirchb lender admitting to a breakdown of controls, in a statement announcing a deferred payment. yesterday standard...
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good morning, mr. dave. and let's start with the fiscal cliff. we were just talking to becky about it. what's the best way for you to gauge where market is expecting a compromise here? >> good morning, kelly and ross. thanks for having me. you know what? one of the main things that the trading community has been looking at is a defense contractor. these guys are ground zero for any fiscal cliff stress. yesterday when the president got on and the future started selling off, we were watching the defense contractors. they weren't sliding whatsoever. so we were telling our clients, this is a near term blip in the market. unfortunately we are surrounding by headline trading. but a lot of the underlying current right now seem to be saying that the deal is saturdaying to come together. and i think becky hit it right on the head in the prior segment saying we're not seeing these guys in front of the cameras. they're in the rooms talking, which is important. so we keep telling clients, watch these defense contractors. it has utx, it has boeing, it has loc
good morning, mr. dave. and let's start with the fiscal cliff. we were just talking to becky about it. what's the best way for you to gauge where market is expecting a compromise here? >> good morning, kelly and ross. thanks for having me. you know what? one of the main things that the trading community has been looking at is a defense contractor. these guys are ground zero for any fiscal cliff stress. yesterday when the president got on and the future started selling off, we were...
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for a vacation, don't count on it, without getting some sort of fiscal cliff deal together. ayman, you've been tweeting this morning already about some characterizations about the discussions between the speaker and the president in recent days. >> that's right. a republican source told nbc news that the conversation that the president and speaker had on the phone yesterday, lasted for only 15 minutes, and they described it as, quote, tense, unquote. and that may have something to do with the fact that the president lowered his request in his latest proposal to the house republicans from $1.6 trillion in new tax revenues to $1.4 trillion. clearly as you can see here, the republicans don't think that's enough. they want the president to come out publicly now with some specific spending cuts. now, there's some question whether or not behind the scenes the president has offered significant spending cuts. the president says yes, the house republicans say no. they say the democrats have taken so much off the table that all that's left there is the varnish. there's clearly a gloom
for a vacation, don't count on it, without getting some sort of fiscal cliff deal together. ayman, you've been tweeting this morning already about some characterizations about the discussions between the speaker and the president in recent days. >> that's right. a republican source told nbc news that the conversation that the president and speaker had on the phone yesterday, lasted for only 15 minutes, and they described it as, quote, tense, unquote. and that may have something to do with...
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>>> fiscal cliff.... 3 3&>>> fiscal cliff....>>> fisca cliff.... >>> fissal cliff.... referendums?>>> fiscal 3 it's no laughing matter. matter.i was laughing at her, reeeipt...that has one on a s. waiter's job on the linee line. you're watching fox 45 morning news.. all local.. all morning. 3 morning. local...all morning morning. ((ad lib horoscopes)) speed camera ticket mistakes. getttng involved in the controversy. on fox 45 news at just waiting for inspiration to strike. and there it is! done. genius. give the gift of dunkin' coffee. get two pounds for $14.99, only at dunkin' restaurants. america runs on dunkin'. -teaseecountdown to christmas- we're ggving away gifts every day through christmas eve. eve.our lucky wiinersswill get under the tree.so stay tuned m - for your chance to win! 3 win! 3 we have a school deeay to tell and queen annn's county ent schools are opening 90 minutts pate due to fog. 3 map 3&pgreenspringliberty 395map right now police are searching ffr the gunman who shot a baltimore county police here the latest on how it all .- unfolded... plus how the officer
>>> fiscal cliff.... 3 3&>>> fiscal cliff....>>> fisca cliff.... >>> fissal cliff.... referendums?>>> fiscal 3 it's no laughing matter. matter.i was laughing at her, reeeipt...that has one on a s. waiter's job on the linee line. you're watching fox 45 morning news.. all local.. all morning. 3 morning. local...all morning morning. ((ad lib horoscopes)) speed camera ticket mistakes. getttng involved in the controversy. on fox 45 news at just...
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important thing moving on about the fiscal cliff. the biggest story passed around here this morning was the politico article where they finally put a name on making a deal. the 37% solution, just split the difference between 35.6% and 39.6% increasing taxes and call it the 37% solution. that's the article everybody's been passing around today. on apple, just a quick note on apple here, there was as many notes out as there were analysts on apple. the main point on it is that most agree is that concern on iphone sales are the number one problem. att made a comment yesterday, that basically sales were the same as last year than the first sales of the --. a lot of t back to you guys. >> actually, i would be encouraged if i were an apple shareholder that the stock actually opened down today. if there's any hope. italian bonds getting hit today too. of course worth keeping track of. okay, let's shift the bonds into dollars. >> we're going to stick with that european theme and when bob pisani says central banks and activism in the same sen
important thing moving on about the fiscal cliff. the biggest story passed around here this morning was the politico article where they finally put a name on making a deal. the 37% solution, just split the difference between 35.6% and 39.6% increasing taxes and call it the 37% solution. that's the article everybody's been passing around today. on apple, just a quick note on apple here, there was as many notes out as there were analysts on apple. the main point on it is that most agree is that...
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if the fiscal cliff negotiations and the president obama continues to push for his plans to avert a fiscal cliff. he will hold a conference today with a bipartisan group of mayors and community leaders to talk about preventing an income tax increase on middle class families while finding a way reduce the deficit. president obama and house speaker baker had a private phone call last night or republicans presented a counteroffer to the president. so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that threatens regional security on " south korean and japanese officials think the launch is a cover for the test of the ban ballistic missile. japan filed a strong protest with n
if the fiscal cliff negotiations and the president obama continues to push for his plans to avert a fiscal cliff. he will hold a conference today with a bipartisan group of mayors and community leaders to talk about preventing an income tax increase on middle class families while finding a way reduce the deficit. president obama and house speaker baker had a private phone call last night or republicans presented a counteroffer to the president. so far president obama and republicans and not...
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. >> let's talk about the fiscal cliff. also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much be
. >> let's talk about the fiscal cliff. also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible...
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you know, as we're approaching this fiscal cliff thing obviously everybody's talking about oh we've gotta cut the entitlements like medicare. you've been pointing out something for awhile that we don't have a medicare problem. we have a healthcare cost problem. explain please, healthcare geek. >> this is one of the things people should really pay attention to because the healthcare crisis in this country gets so complicate and convoluted that people tune it out and then the republicans have this incredible opportunity to swoop in and make stuff up. we don't have a medicare problem. we have a healthcare cost problem. there is no competition in the healthcare market place right now. >> stephanie: right. >> okay. and people make money in the healthcare industry when prices go up. >> right. >> corporations make money when prices go up. we're talking about medical device manufacturers, drug companies, health insurance companies, they all make money the higher the prices are. they have no incentive to work for the public good. their incent sieve to make money for shareholders. higher prices in
you know, as we're approaching this fiscal cliff thing obviously everybody's talking about oh we've gotta cut the entitlements like medicare. you've been pointing out something for awhile that we don't have a medicare problem. we have a healthcare cost problem. explain please, healthcare geek. >> this is one of the things people should really pay attention to because the healthcare crisis in this country gets so complicate and convoluted that people tune it out and then the republicans...
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fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
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host: we are continuing our series, looking at different parts of the fiscal cliff talks. today we want to focus on sequestration. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where is it headed? caller: as we recall from last year, there was a crisis over raising the debt ceiling. republicans demanded some cuts from congress. they agreed to $1 trillion in cuts, they handed over $1.50 trillion to the super committee. because they failed to come up with a deal that could be approved by congress and the president, those automatic cuts go into effect, $1.20 trillion over 10 years. the first cut will go into effect on january 2 of 2013. host: how are the defense sequestration cuts being applied? are we sure? guest: we are not exactly sure, but the law says that every
host: we are continuing our series, looking at different parts of the fiscal cliff talks. today we want to focus on sequestration. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where...
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. >> industrials to the fiscal cliff. >> exactly. a quick break now. the morning's top stories when we return. that's what we'll have. >> plus the man of the hour, erskine bowles. find out whether he thinks washington can avert economic disaster. the courage to rise above when skwaux box returns. try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ made a retirement plan, they considered all her assets, even those held elsewhere, giving her the
. >> industrials to the fiscal cliff. >> exactly. a quick break now. the morning's top stories when we return. that's what we'll have. >> plus the man of the hour, erskine bowles. find out whether he thinks washington can avert economic disaster. the courage to rise above when skwaux box returns. try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our...
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as part of the fiscal cliff talks. first up here on overview from a capitol hill reporter on social security. >> here to talk about the prop program and how it is involved in these discussions. steven joining us from the associated press where he's a reporter. thank you for being here. how many people in america receive social security and how much do they get? guest: a little bit more than 56 million people get social security and the average benefit is a little over $12,000 -- let's see, a little over $1,200 a month. so maybe it's like $13,000, $14,000 a year. host: and we're talking about retirees. also, though, the disabled. guest: yes, yes. actually we have a fairly wide group of people get social security benefits. retired workers, spouses, children, disabled workers, widows, widowers. it's actually a fairly big social safety net of people who get social security benefits. host: as you mentioned, about 56 million beneficiaries. those retirees receive about $1,200 a month on average. the benefits for the disabled,
as part of the fiscal cliff talks. first up here on overview from a capitol hill reporter on social security. >> here to talk about the prop program and how it is involved in these discussions. steven joining us from the associated press where he's a reporter. thank you for being here. how many people in america receive social security and how much do they get? guest: a little bit more than 56 million people get social security and the average benefit is a little over $12,000 -- let's...
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fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had especially-long lines. right after it he defended florida's voting mess saying he had no regrets. wewewewewewewewewewewewewewewewewewewewewewewewewewewewewewe on to me now? you know the the kind of guys that do reverse mortgage commercials? those t
fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose...
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here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck used to come to wyoming a great deal. he and his family, lovely people. i did not know he had passed. and to hear that music, it's iconic stuff. anyway. so it's good to sneak in and get made up, try to hide my identity. >> well, it's good to have you here. you say you're in the witness protection program because you've been out there on the issue of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secret
here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun,...
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"morning joe" starts right now. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! but the ongoing talks. >> there aren't even very many talks going on. >> you're killing us! give us something. >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! >>> good morning. it's wednesday, december 5th. welcome to "morning joe." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> wash
"morning joe" starts right now. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course!...
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. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every da
. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you...